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...construct the CPI the Bureau of Labor Statistics checks the prices of a "market basket" of some 90,000 products and services--everything from a half-gallon carton of milk to the daily rate of a hospital room. They are given weights that are supposed to represent a typical family's buying patterns--so much for food, so much for movie tickets, so much for auto insurance. But the current market basket represents buying patterns in the years 1982-84, not those of today...

Author: /time Magazine | Title: THE INFLATION MYTH | 12/16/1996 | See Source »

...mogul gave $15 million to Harvard University, where he dropped out. This is part of a joint $25 million gift with Microsoft executive vice president Steve Ballmer--a Harvard graduate--to benefit research and teaching in computer science and electrical engineering. Of this, $20 million will be used to construct a research and teaching facility named after the donors' mothers. The remaining $5 million will endow a professorship. Gates and his wife, Melinda French Gates, also gave $12 million to the University of Washington to help pay for a proposed $52 million law school building that will be named after...

Author: /time Magazine | Title: THE FINE ART OF GIVING | 12/16/1996 | See Source »

Texaco has drilled several exploration wells in Burma's Gulf of Martaban and is planning a pipeline project to transport natural gas from the gulf across Burma into Thailand. Other oil companies--Unocal and the French company Total--are currently constructing a pipeline in the same area, and although Texaco will probably construct a new pipeline, it will run a similar route and use much of the infrastructure of the Total-Unocal project...

Author: NO WRITER ATTRIBUTED | Title: Texaco Is No Innocent Abroad | 12/2/1996 | See Source »

Twenty million dollars of the gift will be used to construct a state-of-the-art research and teaching facility. The remaining $5 million will support research and endow a faculty chair, said Dean of the College Harry R. Lewis...

Author: By Andrew S. Chang and Elizabeth W. Schoyer, S | Title: Gates, Ballmer Donate $25 M for C.S. Building | 10/30/1996 | See Source »

Cohen plans to build the condominiums behind a single-family house that already stands on the lot. He also plans to construct an underground parking facility...

Author: By Elizabeth S. Zuckerman, | Title: Residents Battle Proposed Complex | 10/26/1996 | See Source »

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